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Real Estate players hails Budget 2023: Lauds government's move to boost infrastructure

New Delhi [India], February 3 (ANI/NewsVoir): India's real estate fraternity has reacted positively to the Union Budget 2023 presented by the Finance Minister on February 1st, 2023. The Union Budget for this year was primarily aimed at boosting the Indian economy and revitalising it. The real estate industry is optimistic about the incentives and schemes that were announced in the budget for their sector and is looking to leverage them for increased growth and development. Pradeep Aggarwal, Founder & Chairman, Signature Global (India), Ltd., said, "The Finance Minister announced that infrastructure and investment will be the government's third priority, and capital expenditures will be increased by 33% to accelerate the country's development. This increased spending is expected to help create more jobs, spur economic growth, and create a more prosperous nation. Also, in order to convert cities from manholes to machine holes, an urban infrastructure development fund ....

New Delhi , Trehan Iris , Santosh Agarwal , Aman Trehan , Pradeep Aggarwal , Trident Realty , Infrastructure Development Fund , Alpha Corp , Infra Fund , Union Budget , Signature Global India Ltd , Omaxe Ltd , Finance Minister , Signature Global , Pradhan Mantri Awas Yojana , Executive Director , Urban Infrastructure Development Fund , Director Finance , Urban Infra Fund , Vineet Taing , Chief Executive Officer , Vatika Business Centres , Group Chairman , New Delhi India , Ebruary 3 Ani Newsvoir India 39s Real Estate Fraternity Has Reacted Positively To The Union Budget 2023 Presented By Finance Minister On February 1st , 023 The Union Budget For This Year Was Primarily Aimed At Boosting Indian Economy And Revitalising It Real Estate Industry Is Optimistic About Incentives Schemes That Were Announced In Their Sector Looking To Leverage Them Increased Growth Development Pradeep Aggarwal ,

Union Budget 2023 Wishlist for the Real Estate Sector in India

New Delhi [India], January 30 (ANI/NewsVoir): The Union Budget 2023 is a much-anticipated event for the real estate sector in India. Industry experts and stakeholders have high expectations from the government as they hope to see a number of reforms and initiatives that can help boost the real estate market and encourage investment in the sector. The area of interest for the real estate sector is tax incentives. Real estate developers and investors are hoping for tax breaks and other financial incentives that can help lower the cost of developing new projects and make it more profitable for them. This can also encourage more investment in the sector and help boost the economy as a whole. Pankaj Bansal, M3M India said, "The middle class has been looking to increase its disposable income to increase its investment in real estate, particularly the residential sector. This investment can grow multi-fold if the Union Budget brings in considerable relaxation in tax benefits on home loan ....

New Delhi , Trehan Iris , Santosh Agarwal , Abhishek Trehan , Pankaj Bansal , Pradeep Aggarwal , Alpha Corp , Union Budget , Signature Global India Ltd , Omaxe Ltd , Director Finance , Linked Subsidy Scheme , Signature Global , Executive Director , New Delhi India , Anuary 30 Ani Newsvoir The Union Budget 2023 Isa Much Anticipated Event For Real Estate Sector In India Industry Experts And Stakeholders Have High Expectations From Government As They Hope To Seea Number Of Reforms Initiatives That Can Help Boost Market Encourage Investment Area Interest Is Tax Incentives Developers Investors Are Hoping Breaks Other Financial Lower Cost Developing New Projects Make It More Profitable Them This Also Economy Asa Whole Pankaj Bansal , 3m India Said , Uot The Middle Class Has Been Looking To Increase Its Disposable Income Investment In Real Estate , Articularly The Residential Sector This Investment Can Grow Multi Fold If Union Budget Brings In Considerable Relaxation Tax Benefits On Home Loans Further , Uyers Who Want To Own Bigger Flats And Are Looking Sell Their Existing Properties Also Reluctant Due Stringent Capital Gains Tax From The Sale Of Real Estate Held For Over Two Years Subject Toa Long Term 20 Per Cent This Should Be Set At Least 10 Additionally , He Upcoming Budget Must Lower The Holding Time For Property From Current 24 To 36 Months 12 In Order Qualify It Asa Long Term Capital Asset Such Measures Would Certainly Give Much Desired Boom Economy Quot Another Key Area Of Focus Real Estate Sector Is Affordable Housing With Increasing Cost Living And Rising Prices , Any People Are Struggling To Find Affordable Housing Options The Government Is Expected Announce New Initiatives And Funding For Projects Make Them More Accessible Toa Wider Range Of Atul Banshal , Director Finance , Maxe Ltd Said , Uot The Budget Should Consider Reducing Stamp Duty As That Will Assist It In Resuminga Robust Real Estate Market And Complete Housing For All Missions Central Government Must Increasing Tax Rebate On Home Mortgage Interest From Rs 2 Lakh To At Least 3 Is Also Necessary Have Separate Deductions Principal Repayments , Hich Are Currently Included Under Section 80c It Should Also Be Raised From The Current Limit Of Rs 1 5 Lakhs To 3 ,

Festive Spirit brings Cheer to the Indian Realty Market

New Delhi [India], October 20 (ANI/NewsVoir): India's real estate sector is witnessing momentous growth after a two-year slump. An industry report revealed that with economic activity in full swing, housing sales jumped two-fold across seven major cities in Q3 of 2022. The sector is likely to witness healthy growth in the fourth quarter as the festive season has already infused the positivity in the market further strengthening the sentiments. Let's look at what real estate developers are saying about the festive season and what they anticipate for the final quarter of 2022. "The festive quarter seems to be extremely good for the real estate developers. Irrespective of the change in repo rate by RBI, the sentiments of customers and investors in the residential sector are only becoming more aggressive. Certainly, there is a spike in the customers' demand for the luxury residential segment. Our recently launched 'M3M Capital' residential project in Sector 113, Gu ....

New Delhi , Trehan Iris , Ashok Singh Jaunapuria , Kaustubh Chandra , Iris Broadway Greno , Santosh Agarwal , Vinay Wadhwa , Aman Trehan , Pankaj Bansal , We At Alpha Corp , Sless Group , Alpha Corp , Brahma Group , Executive Director , General Manager , New Delhi India , Ctober 20 Ani Newsvoir India 39s Real Estate Sector Is Witnessing Momentous Growth Aftera Two Year Slump An Industry Report Revealed That With Economic Activity In Full Swing , Ousing Sales Jumped Two Fold Across Seven Major Cities In Q3 Of 2022 The Sector Is Likely To Witness Healthy Growth Fourth Quarter As Festive Season Has Already Infused Positivity Market Further Strengthening Sentiments Let 39s Look At What Real Estate Developers Are Saying About And They Anticipate For Final Quot Seems Be Extremely Good Irrespective Change Repo Rate By Rbi , He Sentiments Of Customers And Investors In The Residential Sector Are Only Becoming More Aggressive Certainly , Here Isa Spike In The Customers 39 Demand For Luxury Residential Segment Our Recently Launched M3m Capital Project Sector 113 , As Also Been Receiving Tremendous Response And Has Recorded Rs 1200 Crore Sales During Navratri Itself , Uot Says Pankaj Bansal , 3m India To Capitalise On The Positive Sentiments During Festivals , Evelopers Roll Out Exciting Offers And Flexible Payment Plans For Buyers Investors Quot The Festive Season Is An Opportune Time Homebuyers Expected To Seea Marked Uptick In Inquiries Sales We Have Omnichannel Approach Where Are Using Both Traditional New Age Mediums Put Our Vision Across Potential At Alpha Corp Gearing Up Offer Significant Discounts Freebies Give Added Incentive Help Convert Enquiries , Uot Says Santosh Agarwal , Fo And Executive Director ,

Sales of Luxury Homes Double - Reach Historic Rates of 14 percent in H1 of 2022

Gurugram (Haryana) [India], August 31 (ANI/NewsVoir): Soaring to new historic highs, the Indian luxury-housing segment has witnessed stellar growth in the last two financial quarters. The rising demand has led to exponential sales exceeding 14 per cent, as opposed to the 7 per cent before the pandemic. According to the latest Anarock Research data, the top seven metropolitan cities in India have already recorded sales of over 1.84 lakh units. This constituted a massive 14 per cent or 25,700 units being sold in the luxury resident segment alone. This has contributed towards an astounding growth from the 2.61 lakh units sold in the whole of 2019, wherein just 7 per cent, or about 17,740 units, were in the luxury category. Resonating with the trend, a DLF spokesperson, said, "Since the beginning of 2021, there has been sustained sales growth across major Indian metropolises, but NCR saw a sizeable jump in demand for luxury homes. Today, luxury homes are no more about brick and mortar ....

Andhra Pradesh , West Bengal , Tamil Nadu , Gurugram Haryana , Santosh Agarwal , Shashank Vashishtha , Vivek Singhal , Ashok Singh Jaunapuria , Smartworld Developers , Sless Group , Alpha Corp , Delhi National Capital Region , Anarock Research , Mumbai Metropolitan Region , Executive Director , Gurugram Haryana India , Ugust 31 Ani Newsvoir Soaring To New Historic Highs , He Indian Luxury Housing Segment Has Witnessed Stellar Growth In The Last Two Financial Quarters Rising Demand Led To Exponential Sales Exceeding 14 Per Cent , S Opposed To The 7 Per Cent Before Pandemic According Latest Anarock Research Data , He Top Seven Metropolitan Cities In India Have Already Recorded Sales Of Over 1 84 Lakh Units This Constituteda Massive 14 Per Cent Or 25 , 700 Units Being Sold In The Luxury Resident Segment Alone This Has Contributed Towards An Astounding Growth From 2 61 Lakh Whole Of 2019 , Herein Just 7 Per Cent , R About 17 , 740 Units , Ere In The Luxury Category Resonating With Trend , A Dlf Spokesperson ,

Gated townships see increased demand across diverse locations

Delhi NCR [India], July 29 (ANI/NewsVoir): The pandemic-infused trends have shifted the focus of homebuyers on comfort, wellness, and luxury. There has been a considerable change in the lifestyle patterns of buyers. They are not willing to compromise on any aspects of opulent living and are increasingly stepping ahead to invest in residential spaces in gated townships. Demand for gated communities/townships is on the rise as imminent buyers look for common facilities for a healthy lifestyle, with a healthy ecosystem. Additionally, the desire for large open spaces, greenery, security, modern amenities, and high returns on investments have turned the tide in favour of gated townships which are experiencing an elevated demand across various locations. The trend is gaining traction in Delhi-NCR which already has attained the reputation of the country's leading realty hotbed. The demand for safe and secured gated communities here is on a meteoric rise and excellent connectivity, vibrant ....

Santosh Agarwal , Mukul Bansal , Vinay Wadhwa , Ashok Singh Jaunapuria , Sless Group , Alpha Corp , Motia Group , Executive Director , General Manager , Delhi Ncr India , Uly 29 Ani Newsvoir The Pandemic Infused Trends Have Shifted Focus Of Homebuyers On Comfort , Nd Luxury There Has Beena Considerable Change In The Lifestyle Patterns Of Buyers They Are Not Willing To Compromise On Any Aspects Opulent Living And Increasingly Stepping Ahead Invest Residential Spaces Gated Townships Demand For Communities Is Rise As Imminent Look Common Facilities Fora Healthy , Itha Healthy Ecosystem Additionally , He Desire For Large Open Spaces , Modern Amenities , Nd High Returns On Investments Have Turned The Tide In Favour Of Gated Townships Which Are Experiencing An Elevated Demand Across Various Locations Trend Is Gaining Traction Delhi Ncr Already Has Attained Reputation Country 39s Leading Realty Hotbed For Safe And Secured Communities Here Ona Meteoric Rise Excellent Connectivity , Vibrant Infrastructure , Job Opportunities , Nd Others Are Acting As Catalysts Behind It Quot In Metro Cities , Emand For Strategically Located Condominiums And Gated Communities Is Ona Constant Rise , Argely Fuelled By Factors Like The Necessity To Live Closer Workplace , Nda Desire For An All Encompassed Lifestyle And Amenities Within One 39s Complex The Focus On Health , Afety And Wellness Measures Implies That Well Managed Gated Self Sufficient Condominiums Have Emerged As Sought After Options For Home Buyers , Uot Says Dlf Spokesperson Owing To The Rising Demand , He Number Of Gated Communities In The Country Is Expected To Grow 225 , 000 From 130 ,